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@FG should say "embraced" spell check...
2 years, 5 months ago on What Eduardo Saverin Owes America (Hint: Nearly Everything)
@FG European huh? That explains your socialist comments. Let me assure you that his is NOT what America is about. America is strong precisely because it has always rejected this kind of nonsense, while Europe embarrassed it. Sadly some in America (the uneducated and young) now are also running towards socialism. And it will have the same result as it did in Europe, if we don't stop it... that is total failure.
Oh give me a break! Stop crying.
The more important point, is that Saverin and others like him are being driven away, because of our absurdly high tax laws. We lose far more in the form of brain-drain, than we lose in tax resources.
Frankly, the failure of many to understand the correlation between lower taxes, and increased revenue to the government is scary. Let me educate you. If you lower taxes, you (in every single case historically) increase revenues to the government. Why? Because you invite investment from people like Saverin. And the economy ignites.
Bill Clinton recently made a comment that is worth considering. Said he, "Obama is incompetent in his handling of this economy. It is easy to fix. Just lower taxes, and get out of the way."
I think it is interesting that many are harping on Saverin, rather than on the politicians who created the problem, and who even today want to increase the taxes yet further. Saverin has not control over the tax rates. You can sit in your absurdly one-sided think boxes, and convince yourselves that people like Saverin are to blame... Or, you can live in the real world, and insist that politicians follow the advice of President Clinton. Lower taxes, and then get out of the way.
One path leads to a continued brain-drain, and ultimate failure... long-term economic strife and hardship. The other to a rapid economic boom, and to people like Saverin moving to our shores, and bringing the economic strength with them.
I agree with many of your points. But I disagree with A) that google+ is on the road to failure, and B) that it is game over in social networking.
Google + is actually pretty darn useful. I have seen many of my friends migrate over to it. I opened an account, and see quite a lot of posting going on over there among my own circles. Secondly, there is a long history of platforms online that absolutely dominated, only to later implode unexpectedly. I think it is far more likely that facebook implodes, and someone else takes their place.
AOL had the Internet locked up. Then came Alta Vista and Yahoo. Not social networks as we know them today, but with many of the same features.. ie instant chat, groups, games, etc. The came MySpace. Five years ago, everyone thought MySpace had social networking locked up.Facebook's secret sauce was its mutually exclusive nature. I could rant about anything I wanted, without fear of it getting back to my boss, because only my closest friends and family would see it.
They are quickly stepping away from their secret sauce while google + embraces it.
Impossible to know who will be next, but I believe one thing is inevitable. Facebook is doomed to become an overbloated yesteryear darling, that will decrease in value again and again as the years roll on.
Yes, we do see facebook logos everyone today, but we also used to see "aol keyword..." everywhere...
3 years ago on Google Engineer: "Google+ is a Prime Example of Our Complete Failure to Understand Platforms"
the last thing Google needs to become is a platform ie AOL, Yahoo... Facebook is already showing signs of a similar fate.
Google is successful because they are very good at a couple of things. Yes, you do have to innovate and expand into new markets. But a platform? That is a recipe for a long slow decline and ultimate death. A platform only lasts until the next shiny platform comes along.